Dogecoin Cofounder Warns: Trump Tariffs May Spark Crypto Market Turmoil
Dogecoin's creator drops a bombshell—new Trump tariffs could send shockwaves through digital asset markets. Just what traders needed: more political volatility on top of crypto's wild swings.
Market jitters mount as meme coin pioneer sounds alarm. 'Protectionist policies might trigger cascading sell-offs,' he suggests—because nothing stabilizes crypto like trade wars.
Finance veterans shrug. 'First time?' murmurs Wall Street, sipping champagne while retail investors panic-sell. The circus continues.
TLDR
- Dogecoin founder Billy Markus criticized Donald Trump’s tariff policies in a series of social media posts.
- Markus argued that Trump uses tariffs to handle unrelated issues which creates confusion in trade discussions.
- Elon Musk responded to Markus by warning that Trump tariffs could lead to a recession later this year.
- Markus also suggested that political scandals involving Trump could be linked to recent market instability.
- World Liberty Financial issued a legal notice to TRUMP Coin creators highlighting regulatory concerns.
Dogecoin co-creator Billy Markus raised concerns on social media about Donald Trump’s tariffs and their impact on the market. His remarks triggered widespread debate, as recent tariff policies continue to shape political and economic discussions. With markets already experiencing volatility, many online figures are questioning the logic and outcome of TRUMP tariffs.
Markus Sparks Debate on Trump Tariffs
Billy Markus posted a comment questioning if Trump tariffs could now be seen as unwise. His remarks appeared in response to ongoing discussions about their effectiveness. The timing coincided with rising trade concerns between major economies.
can i finally say that trump’s tariffs are super stupid
— Shibetoshi Nakamoto (@BillyM2k) June 5, 2025
Soon after, Markus responded to a user who claimed tariffs could be used strategically, not just as long-term policy. He argued that Trump often applies tariffs to solve various unrelated matters, which creates confusion. This view highlighted growing frustration about the lack of clarity in tariff usage.
welp
is this why the markets are tanking pic.twitter.com/jbd4t8eZL9
— Shibetoshi Nakamoto (@BillyM2k) June 5, 2025
Trump tariffs were introduced as part of his broader effort to support American industry. While some believe these measures protect jobs, others say they harm consumers and disrupt trade. The argument continues across different sectors of the economy.
Musk Comments Add to the Economic Uncertainty
Shortly after Markus’s response, Elon Musk added to the discussion by linking Trump tariffs to a potential recession. He stated that the tariffs may push the economy downward in the second half of the year. This comment further intensified concerns over ongoing trade policies.
Later, Markus mentioned Musk’s post and suggested that the president’s alleged LINK to the Epstein files might affect markets. Though speculative, this remark reflected how quickly online discourse influences public opinion. The connection to financial uncertainty gained significant attention.
The Epstein files, often discussed in political circles, remain a sensitive subject. Markus implied that their release or suppression could shake financial confidence worldwide. Though some reject these claims as rumors, others continue to demand evidence.
TRUMP Coin Faces Legal Scrutiny as Market Reacts
In a separate event, World Liberty Financial issued a cease-and-desist order to TRUMP Coin creators. This legal action signals the increasing pressure on politically branded digital currencies. It highlights the risks of using political names in financial products.
TRUMP Coin entered the market during the height of digital currency HYPE and political division. Its branding drew support and criticism alike, as the legal challenge now demonstrates. The creators have yet to respond publicly.
